Barclays fundraising backed by one fifth of shareholders

Less than a fifth of Barclays existing shareholders opted to buy new shares in the bank as part of a £4.5bn (€5.7bn) fund raising scheme, the company said today.

Barclays said 19% of investors opted to buy discounted shares to help strengthen the group’s balance sheet. They will be investing £750m (€944m) of the total.